Launch of low fee Jarislowsky Fraser Fund family
A new family of low fee Jarislowsky Fraser mutual funds is to be launched, subject to regulatory approvals. Three funds will initially form the family: the Jarislowsky Fraser Select Canadian Equity Fund, the Jarislowsky Fraser Select Balanced Fund and the Jarislowsky Fraser Select Income Fund. These funds will be available through authorized investment dealers (including direct brokerage firms) and independent mutual fund advisors.
Jarislowsky, Fraser Limited has been managing investment portfolios for Canadian individuals and institutions for more than half a century and currently manages approximately $44 billion in assets. Its well-defined approach centered around low-risk investments in high quality securities, selected through stringent fundamental analysis, produces consistent results through changing economic environments.
National Bank Securities, the fund manufacturer, is a wholly owned subsidiary of National Bank of Canada, which has been serving the financial needs of Canadian governments, corporations, businesses and individuals for more than one hundred and fifty years, and has assets of approximately $146 billion, including $12 billion in mutual funds.
A preliminary simplified prospectus relating to the funds has been filed with the Canadian securities authorities. Units of the funds cannot be acquired until the relevant securities authorities issue receipts for the simplified prospectus of the funds.
About Jarislowsky Fraser Limited
Jarislowsky, Fraser Limited is a registered investment counseling firm, managing pension funds, endowment funds and corporate and private portfolios for clients in North America and overseas. The company was founded in 1955 as an investment research firm. In the early 1960s, the firm began to use this research material to counsel private investors and, in 1966, extended its client base to include pension funds. For more than half a century since its founding, the firm has held a leading position in the field of investment management. With offices located in Montreal, Toronto, Calgary and Vancouver, the firm manages investment funds on behalf of governments, corporations, universities, labour unions and individuals with assets exceeding $44 billion Canadian dollars. The firm’s primary objective is the growth of its clients’ capital through conservative, low-risk investment in high-quality securities, selected through stringent fundamental analysis. This approach has produced consistent results through changing economic environments. It believes that investing a portion of the clients’ portfolios outside of Canada is key to achieving its objectives of protecting capital and long-term growth.
Non-Canadian markets offer unparalleled opportunities to invest in global companies operating in sectors otherwise unavailable to Canadian investors.
The firm is known for defending shareholder rights and is actively committed to promoting strong corporate governance, as well as exercising influence to ensure that shareholders’ interests are at the forefront of corporate actions.
About National Bank Securities Inc..
A wholly-owned subsidiary of the National Bank since 1987, National Bank Securities deals mainly in mutual funds. It acts as a manager and promoter of National Bank Securities Mutual Funds.
About National Bank of Canada
National Bank of Canada is an integrated group that provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients throughout the world. National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. National Bank has over $150 billion in assets and, together with its subsidiaries, employs 18,248 people. The Bank’s securities are listed on the Toronto Stock Exchange (NA:TSX). For more information, visit the Bank’s website at www.nbc.ca.
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